{"id":3824,"date":"2015-04-17T09:35:00","date_gmt":"2015-04-17T09:35:00","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=3824"},"modified":"2018-02-22T12:26:12","modified_gmt":"2018-02-22T12:26:12","slug":"right-to-buy-is-back","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/right-to-buy-is-back\/","title":{"rendered":"&#8220;Right to Buy&#8221; is Back"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p>With the General Election around the corner, every party is showing what they\u2019ve got, and the Tories \u2013 with David Cameron at the front &#8211; are trying to convince people that they are \u201cthe party of the working people, offering security at every stage of your life\u201d by addressing one of the biggest problems of the population \u2013 <a class=\"wl-entity-page-link\" title=\"homeownership\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/owner-occupier\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/owner-occupier;http:\/\/rdf.freebase.com\/ns\/m.020s_n;http:\/\/dbpedia.org\/resource\/Owner-occupier\" >home ownership<\/a>.<\/p>\n<p>Among many campaign promises in the Tory manifesto to attract the working class vote, we can find an extension of Thatcher\u2019s famous 1980&#8217;s policy \u201c<a class=\"wl-entity-page-link\" title=\"Right-to-Buy\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/right-to-buy\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/right_to_buy;http:\/\/rdf.freebase.com\/ns\/m.06jjh8;http:\/\/dbpedia.org\/resource\/Right_to_Buy\" >Right to Buy<\/a>\u201d for tenants of <a class=\"wl-entity-page-link\" title=\"Housing association\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/housing-association\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/housing_association;http:\/\/yago-knowledge.org\/resource\/Housing_association;http:\/\/rdf.freebase.com\/ns\/m.01lljw;http:\/\/dbpedia.org\/resource\/Housing_association\" >housing associations<\/a>. Cameron promises to spend \u00a31 billion to build 400,000 brand new homes \u2013 over a period of five years \u2013 to boost home ownership, allowing 1.3m families in social <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/housing\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/housing;http:\/\/rdf.freebase.com\/ns\/m.0q3zhcj;http:\/\/dbpedia.org\/resource\/Housing\" >housing<\/a> to finally buy their own <a class=\"wl-entity-page-link\" title=\"Housing estate\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/housing-estate\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/housing_estate;http:\/\/rdf.freebase.com\/ns\/m.01rtvp;http:\/\/dbpedia.org\/resource\/Housing_estate\" >homes<\/a>. Cameron added that this extension would mean that \u201ca new generation [will be] given the security of a home of their own. So this generation of Conservatives can proudly say: the dream of a <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/property\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/property;http:\/\/rdf.freebase.com\/ns\/m.05wrt;http:\/\/dbpedia.org\/resource\/Property\" >property<\/a>-owning democracy is alive \u2013 and we will fulfil it.\u201d<\/p>\n<p>This would mean that under 40s \u2013 the most affected age group when talking about home ownership \u2013 could finally get on the property ladder in these new homes. The Tories have estimated that this ownership scheme will lead to the sale of around 150,000 properties, raising \u00a34.5billion annually.<\/p>\n<p><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981.jpg\"><img loading=\"lazy\" class=\"alignnone size-large wp-image-3831\" src=\"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-400x248.jpg\" alt=\"263ED46C00000578-2976601-image-a-3_1425340629981\" width=\"400\" height=\"248\" srcset=\"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-400x248.jpg 400w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-260x161.jpg 260w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-100x62.jpg 100w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-150x93.jpg 150w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-200x124.jpg 200w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-300x186.jpg 300w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-450x279.jpg 450w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981-600x372.jpg 600w, https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/263ED46C00000578-2976601-image-a-3_1425340629981.jpg 634w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><\/p>\n<p>The detractors of this <a class=\"wl-entity-page-link\" title=\"plans\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/plan\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/plan;http:\/\/rdf.freebase.com\/ns\/m.018jrr;http:\/\/dbpedia.org\/resource\/Plan\" >plan<\/a> have stated that the focus should be on increasing the supply of <a class=\"wl-entity-page-link\" title=\"affordable\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/affordable-housing\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/affordable_housing;http:\/\/rdf.freebase.com\/ns\/m.09jvc1;http:\/\/dbpedia.org\/resource\/Affordable_housing\" >affordable housing<\/a> and as Ruth Davison, director of policy and external affairs at the National Housing Federation, suggested: \u201cThese are people already living in good secure homes on some of the country\u2019s cheapest <a class=\"wl-entity-page-link\" title=\"rental\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/renting\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/renting;http:\/\/rdf.freebase.com\/ns\/m.01y857;http:\/\/dbpedia.org\/resource\/Renting\" >rents<\/a>. It won\u2019t help the millions of people in <a class=\"wl-entity-page-link\" title=\"Private rented sector\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/private-rented-sector\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/private_rented_sector;http:\/\/rdf.freebase.com\/ns\/m.09f3dq;http:\/\/dbpedia.org\/resource\/Private_rented_sector\" >private rented<\/a> homes who are desperate to buy but have no hope of doing so, nor the three million adult children living with their parents because they can\u2019t afford to rent or buy. To <a class=\"wl-entity-page-link\" title=\"Use (law)\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/use-law\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/use_law;http:\/\/rdf.freebase.com\/ns\/m.05r4j5;http:\/\/dbpedia.org\/resource\/Use_(law)\" >use<\/a> their taxes to gift as much as \u00a3100,000 to someone already living in a good quality <a class=\"wl-entity-page-link\" title=\"homes\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/home\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/home;http:\/\/rdf.freebase.com\/ns\/m.01l0mw;http:\/\/dbpedia.org\/resource\/Home\" >home<\/a> is deeply unfair.\u201d The Institute for Fiscal Studies (IFS) added that housing associations would need to be &#8220;recompensed for selling their assets at below <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/market-value\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/market_value;http:\/\/rdf.freebase.com\/ns\/m.02vk6h9;http:\/\/dbpedia.org\/resource\/Market_value\" >market value<\/a>&#8220;.<\/p>\n<p>&nbsp;<\/p>\n<p>by Sandra Martinez<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the General Election around the corner, every party is showing what they\u2019ve got, and the Tories \u2013 with David Cameron at the front &#8211; are trying to convince people that they are \u201cthe party of the working people, offering<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/right-to-buy-is-back\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":3827,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[7,13,17],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/04\/right-to-buy-logo.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/right_to_buy_is_back","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/3824"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=3824"}],"version-history":[{"count":9,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/3824\/revisions"}],"predecessor-version":[{"id":15692,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/3824\/revisions\/15692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/3827"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=3824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=3824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=3824"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=3824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}